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a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years time lord knows when somewhere out the future so in a destabilizing this already deceased unstable system but also here's a heaven from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird confusion in the u.k. between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is it here is close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to make difficult decisions we're making progress we're paying down britain's debt and now we're going to cut to a party political broadcast where he's telling these porkies he's confusing the britis
a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years time lord knows when somewhere out the future so in a destabilizing this already deceased unstable system but also here's a heaven from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cars a report on our t. . he. welcome to the kaiser report episode number four hundred imax kaiser for four hundred up a says they've been exposing markets finance scandal jamie diamond silver liberation german gold collateral faking zombie banking paper printing the bond apocalypse currency wars oh. yes max so bill's above is in the headlines but first i want is set this up in that you and i watched an interview with the legendary photojournalist who is often a war war reporter don mcmullen and he said referring to his time in vietnam he said that he often slept next to corpses and in war one gets used to that and of course kaiser report is a financial war report and it made me realize with all these dead bang see zombie banks and zombie economies it seems that people have gotten use to just the corpses all over the place and they don't even notice the smell any war is down the colon refer to so of course i have this image of bill's above t
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into cars a report on our t. . he. welcome to the kaiser report episode number four hundred imax kaiser for four hundred up a says they've been exposing markets finance scandal jamie diamond silver liberation german gold collateral faking zombie banking paper printing the bond apocalypse currency wars oh. yes max so bill's above is in the headlines but...
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a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years' time lord knows when somewhere out the future so in a destabilizing this already unstable system but also here's a headline from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird confusion in the u.k. between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is here it's close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to make difficult decisions we're making progress we're paying down britain's debt and now we're going to cut to a party political broadcast where he's telling these porkies he's confusing the british popul
a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years' time lord knows when somewhere out the future so in a destabilizing this already unstable system but also here's a headline from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird confusion in...
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a financial war report and it may be realized with all these dead bang see zombie banks and zombie economies it seems that people have gotten use to just the corpses all over the place and they don't even notice the smell any war is down the call and refer to so of course i have this image of bill's above that's not even a doctored photo it's not a william seven it is the president last week when i fly landed between his eyes and of course either he's bill's above or their corpses around him and somebody and abroad. did send me this image and this is jamie dimon what he really looks like her she is a filter instagram filter that shows the true nature of the subject oh absolutely in a war setting the corpses stink and they rot and you can smell them but here in the financial war banks like ages b.c. lloyds barclays royal bank of scotland they're they're run by zombies they're dead they're rotting but you don't smell it because the the rotting banking system doesn't doesn't emit an odor as such so people are not aware that they're walking amongst the dead the british pound is a zombie currency
a financial war report and it may be realized with all these dead bang see zombie banks and zombie economies it seems that people have gotten use to just the corpses all over the place and they don't even notice the smell any war is down the call and refer to so of course i have this image of bill's above that's not even a doctored photo it's not a william seven it is the president last week when i fly landed between his eyes and of course either he's bill's above or their corpses around him...
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a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years time look florida is when somewhere out the future so in a destabilizing this already unstable system but also here's a heavy from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there is this weird confusion in the u.k. between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is it here is close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to make difficult decisions we're making progress we're paying down britain's debt and now we're going to cut to a party political broadcast where he's telling these porkies he's confusing the british po
a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years time look florida is when somewhere out the future so in a destabilizing this already unstable system but also here's a heavy from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there is this weird confusion...
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a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years' time lord knows when somewhere out the future so in a destabilizing this already unstable system but also here's the headline from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird confusion in the u.k. between deficit and debt the deficit of course is the annual budget deficit of the government and the national debt is built up over decades who knows how long it's been building up and how big it is here it's close to one point four trillion pounds but david cameron tells porkies about britain's national debt david cameron on i.t.v. said this quote though this government has had to make difficult decisions we're making progress we're paying down britain's debt and now we're going to cut to a party political broadcast where he's telling these porkies he's confusing the british pop
a triple dip recession they're heading into triple dip recession the economy continues to decline. david cameron threw a hail mary pass of saying we're going to have some referendum in like five six seven years' time lord knows when somewhere out the future so in a destabilizing this already unstable system but also here's the headline from the past week this is very interesting because we interviewed simon rose of save our savers and he noted a few months ago that there's this weird confusion...
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Jan 29, 2013
01/13
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COM
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. >> most people what they care about is, you know, things on the economy and jobs. i think we say look, we all care about the same things. we want the same things from energy, we want it to be cheap, reliable and increasingly clean. that's what we've gotten over the centuries. we've gone from wood to coal, coal to gas and renewables. it's done through technology innovations. it's something americans are good at. >> stephen: so you are on board for the nukes? >> yeah, like a lot of people i was really in love with small is beautiful with solar panels on my roof and electric car in the driveway and wind farms and a number of our friends pointed out to us look the sun doesn't always shine, the wind doesn't always blow and the world will consume twice as much energy by 2050 as it does today. we need a lot of innovation to make clean energy a lot cheaper. >> stephen: why not conservation? you are saying we're if the going to use more energy. i love using energy, don't get me wrong. i turn on a light in a room in my house it stays burning until i go to bed. i want it to b
. >> most people what they care about is, you know, things on the economy and jobs. i think we say look, we all care about the same things. we want the same things from energy, we want it to be cheap, reliable and increasingly clean. that's what we've gotten over the centuries. we've gone from wood to coal, coal to gas and renewables. it's done through technology innovations. it's something americans are good at. >> stephen: so you are on board for the nukes? >> yeah, like a...
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but once zimbabweans adopted u.s., the economy stabilized. according to the international monetary fund, gdp grew by more than 6% in 2009 and nearly 10% for each of the next two years. it is now projected to grow around 5% per year through 2014. so, despite the seemingly robust growth, why does this nation have only $217. in its state coffers? what in the world is going on? i should add that zimbabwe's finance minister later clarified that $30 million had been added to the government's account since he last spoke. but even that amount is pittance for a modern state. it is however, a telling symbol of zimbabwe status. imagine asking a multi-national company to invest in zimbabwe. transparency international puts this country at 163 in the world in its latest corruption rankings. the world bank ranks it 172nd for ease of doing business. zimbabwe has gone from being africa's bread basket to its basket case. the country's basic problem is not economic but political. zimbabwe has known only one real leader in all its existence. robert mugabe. the m
but once zimbabweans adopted u.s., the economy stabilized. according to the international monetary fund, gdp grew by more than 6% in 2009 and nearly 10% for each of the next two years. it is now projected to grow around 5% per year through 2014. so, despite the seemingly robust growth, why does this nation have only $217. in its state coffers? what in the world is going on? i should add that zimbabwe's finance minister later clarified that $30 million had been added to the government's account...
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Jan 31, 2013
01/13
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he suggested about how best to grow our economy and create jobs. the fact is compared to the record and the situation the president inherited a couple recent economic growth and job creation including 2 million jobs in the last calendar year. >> i'm curious if the message would be from this white house and the president goes to visit with the searing opposition. >> will come away for 10 supporting searing opposition. we have also can tenured our role as the single largest donor of humanitarian aid of people who are suffering so mightily under the wrath of bashar al-assad and we'll continue to work with the searing opposition to organize itself and help prepare, help in its virtue prepared for a post-assad area, for a syria in which the aspirations and the right of the syrian people i respect it, which stands in stark contrast to the butchery of the assad regime. >> and opposition leader has expressed a willingness to meet with representatives of the assad government. >> i saw those reports. i don't have any update on our views on this. what is abso
he suggested about how best to grow our economy and create jobs. the fact is compared to the record and the situation the president inherited a couple recent economic growth and job creation including 2 million jobs in the last calendar year. >> i'm curious if the message would be from this white house and the president goes to visit with the searing opposition. >> will come away for 10 supporting searing opposition. we have also can tenured our role as the single largest donor of...
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Feb 5, 2013
02/13
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every economy experienced this. if you expand the social safety net providing services, health care. this is very hard. it's not that it can't be done better. .. so this is what we want to focus on. the first person to speak is to bridge lesser. we've been talking about large companies. some of these are ranking among the world top. we were worried about getting to the top 500, now we are not. some of these large come in the summer and are, but there are too many good companies, so we want to know come how to get good companies out of china? >> what's been greeted in a shirt. time to build these companies, but you're right, there's important challenges ahead to that the next of capabilities and to quickly site for, investing and r&d and capabilities and stronger talents and investing heavily to the leadership capabilities that have the flexibility to adapt to rapidly changing world. the ability to strengthen management teams had to have been the worst strategic and deciding where to invest and which sectors to pursu
every economy experienced this. if you expand the social safety net providing services, health care. this is very hard. it's not that it can't be done better. .. so this is what we want to focus on. the first person to speak is to bridge lesser. we've been talking about large companies. some of these are ranking among the world top. we were worried about getting to the top 500, now we are not. some of these large come in the summer and are, but there are too many good companies, so we want to...
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Jan 29, 2013
01/13
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KCSM
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invest in africa gain better access to emerging markets and natural resources but japan's sluggish economy forced its leaders to cut oda. they slashed it to less than half of what it was at its peak in the 1990s. however, they're determined to maintain a presence so they've come up with a new strategy. nhk world explains. >> reporter: senegal, western africa. for years, a japanese government agency called the japan international cooperation agency, has provided aid to the country. last year in this village, japan installed a system to purify water. the program helped. the system uses water. even though this is a project, a private company does the filtering free of charge. >> tasty. >> translator: now we don't get sick after drinking water. >> reporter: at the moment, the group is working on the aid project with private companies. until recently, the agency planned the projects. then it commissioned private companies to carry them out. but the japanese government pays the bill. under the new system, it's the company that does all the planning. jica pays up to $560,000 in research fees. the
invest in africa gain better access to emerging markets and natural resources but japan's sluggish economy forced its leaders to cut oda. they slashed it to less than half of what it was at its peak in the 1990s. however, they're determined to maintain a presence so they've come up with a new strategy. nhk world explains. >> reporter: senegal, western africa. for years, a japanese government agency called the japan international cooperation agency, has provided aid to the country. last...
WHUT (Howard University Television)
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Feb 5, 2013
02/13
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they hope authorities will take steps to stimulate the economy. >>> looks like the yen's decline is proving to be quite a boone for toyota motor. the carmaker is predicting it will post its first operating profit in five years, thanks to the currency's weakness. toyota managers have revised their profit estimate upward for the fiscal year ending in march. they say they're expecting now a profit of about $1.6 billion. that's quite a change from just a few months ago. in november they were looking for a loss of more than $200 million. managers say the weakening of the yen since mid-november will improve export margins and push up profit by more than $1.5 billion. they also note that cost-cutting efforts at factories have also been a bit of a help. managers have also raised the profit outlook for the toyota group by 9.5% in yen terms to more than $12 billion. that does include revenues from overseas operations. they're now more confident that the company will be able to maintain its domestic production target of 3 million vehicles. that's if the yen is able to stay at current levels. >>> the u
they hope authorities will take steps to stimulate the economy. >>> looks like the yen's decline is proving to be quite a boone for toyota motor. the carmaker is predicting it will post its first operating profit in five years, thanks to the currency's weakness. toyota managers have revised their profit estimate upward for the fiscal year ending in march. they say they're expecting now a profit of about $1.6 billion. that's quite a change from just a few months ago. in november they...
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Feb 5, 2013
02/13
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power companies are also the largest tax payers for that region, and an important part of the local economy. politicians do not dare metal with their businesses. we have the laws and environmental standards, but they are not enforced. >> economic growth has been the number one priority in china, but an increase in living standards has been increase in pollution. having a car has been an important status symbol for the rising chinese middle-class. beijing alone has 5.2 million cars. people here are sick of the smog. long lines form in front of beijing as the hospitals. there's been a jump in cases of respiratory ailments. children and the elderly are especially vulnerable. >> of course i'm worried. my daughter has a skin allergy. we have everything under control, but now the doctors are saying the air pollution is making it worse. more people are suffering. then a state media have started speaking out about the problem of increasing pollution. the government is looking for ways to manage the issue. >> people want more security and a cleaner environment. the stability of society is threatened
power companies are also the largest tax payers for that region, and an important part of the local economy. politicians do not dare metal with their businesses. we have the laws and environmental standards, but they are not enforced. >> economic growth has been the number one priority in china, but an increase in living standards has been increase in pollution. having a car has been an important status symbol for the rising chinese middle-class. beijing alone has 5.2 million cars. people...
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Jan 31, 2013
01/13
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FOXNEWS
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so, what we really need is growth to come back into the economy. for me, ronald reagan, margaret thatcher, said let people keep more of their own money and then people invest in their businesses or invest in themselves go out to dinner, a movie. thatthat's economic growth. >> you're absolutely correct. and look, the numbers are clear. if we were growing at three to four, five%, which is not out of the realm of possibility, happened under ronald reagan -- we could grow our way out of this problem. eric, you're not going to be able to tax your way out or cut your way out of this. we have to create growth. how could we create going to? unfortunately the head of the imf told us we need confidence in our currency, we need confidence in legislation coming out of washington, dc. you know from fox business, the balance sheets look very good in corporate america right now. if they had some stability from a government and people had money to spend, we'd grow our way right out of this. >> more money to spend, more things to buy, more economic activity. today
so, what we really need is growth to come back into the economy. for me, ronald reagan, margaret thatcher, said let people keep more of their own money and then people invest in their businesses or invest in themselves go out to dinner, a movie. thatthat's economic growth. >> you're absolutely correct. and look, the numbers are clear. if we were growing at three to four, five%, which is not out of the realm of possibility, happened under ronald reagan -- we could grow our way out of this...
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Jan 29, 2013
01/13
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CNBC
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no assumption that the economy improves. we can meaningful improve our cash flow and earnings even in an economy that looks like this one. >> you're not expecting any great shakes from the u.s. economy. >> got to create our own bottom line. >> how do you do that? >> made a number of moves over the last five years, most recently making an acquisition in packaging here in north america of one of our competitors and there are huge merger benefits associated with that. realizing the merger ben 2012 twoe 2013 and going on into '14. one of the big drivers and some of the things we're doing around the world in russia, india, south america. >> emerging markets still an important place. >> the cash comes out of america and the growth is in these emerging markets if you have cost position. >> the costs in the u.s. and growth outside. that's what we're continuing to hear. >> sure. >> from a demand story, where is the demand coming from? can you talk about sectors in the u.s. that you see the big ebigest demand and where the weak spots
no assumption that the economy improves. we can meaningful improve our cash flow and earnings even in an economy that looks like this one. >> you're not expecting any great shakes from the u.s. economy. >> got to create our own bottom line. >> how do you do that? >> made a number of moves over the last five years, most recently making an acquisition in packaging here in north america of one of our competitors and there are huge merger benefits associated with that....
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Feb 2, 2013
02/13
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germany is the biggest economy. so i think contagion, unfortunately, is alive and well my friend is talking about positive contagion. i certainly hope that he is right. i think one of the things i learned from my friend, paul volcker, was -- and i learned this early in the 1980's during the latin american debt crisis, timing is of the upmost importance because the larger you take to fix the situation of the worse it gets. and, again, there has been no sense of urgency or timing in europe up until very recently. the feeling was that the policymakers there, politicians had all the time in the world, and we see what that has brought. the growth or lack thereof. so i think timing really -- and when you announce time you have to live up to them. and we still don't have important time lines that are being lived up to there. i think another one is, if we want a program to succeed in a country, austerity or better call reform program, we have to make sure that the local populace of a country supports it. and that has been a
germany is the biggest economy. so i think contagion, unfortunately, is alive and well my friend is talking about positive contagion. i certainly hope that he is right. i think one of the things i learned from my friend, paul volcker, was -- and i learned this early in the 1980's during the latin american debt crisis, timing is of the upmost importance because the larger you take to fix the situation of the worse it gets. and, again, there has been no sense of urgency or timing in europe up...
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Jan 30, 2013
01/13
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you will help us grow our economy, strengthen our middle- class. so that is what comprehensive immigration reform looks like. smarter enforcement, at a pathway to earn citizenship, improvements in the legal immigration system so that we continue to be a magnet for the best and brightest all around the world. it is pretty straightforward. the question now is simple. do we have the result -- resolve as a people, as a country, as a government, to finally put this behind us? i believe that we do. [applause] i believe that we do. [applause] i believe we are finally at the moment where comprehensive immigration reform is within our grasp. but i promise you this, the closer we get, the more emotional this debate will become. immigration has always been an issue that inflames passions. that is not surprising. there are few things that are more important to us as a society than who gets to come here and call our country home. who gets the privilege of becoming a citizen of the united states of america. that is a big deal. when we talk about that in the abst
you will help us grow our economy, strengthen our middle- class. so that is what comprehensive immigration reform looks like. smarter enforcement, at a pathway to earn citizenship, improvements in the legal immigration system so that we continue to be a magnet for the best and brightest all around the world. it is pretty straightforward. the question now is simple. do we have the result -- resolve as a people, as a country, as a government, to finally put this behind us? i believe that we do....
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. today i want to explore a country i have yet to talk about on the show ali you may have missed what's going on in the north african nation and the hype of the presidential inauguration in the super bowl but three weeks ago france initiated a military intervention seeking to eliminate terrorist threats in the country in the time since the french led operation has invoked tactics such as air strikes and mass arrests to bring down islamic militants all of course with the support of the u.s. military and while the short term strategy is playing out on the ground the u.n. african union and other world leaders met today to talk about how do achieve peace and stability in the long term but while they're bombing for peace strategy really hold in a volatile nation already stricken with poverty and violence to help with games and inside i'm now joined by eugene per year at a very old border for liberation thank you so much tha
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports on our. today i want to explore a country i have yet to talk about on the show ali you may have missed what's going on in the north african nation and the hype of the presidential inauguration in the super bowl but three weeks ago france initiated a military intervention seeking to eliminate terrorist threats in the country in the time...
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market finance scandal and find out what's really happening to the global economy with max conjure for a no holds.
market finance scandal and find out what's really happening to the global economy with max conjure for a no holds.
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Feb 1, 2013
02/13
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CSPAN2
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the economy also contributed to that the part of what is built into the contract is even as the economy rebounds, the contracts are scheduled to grow at a rate that will not so far outpace the rest of the economy, that it continues to be an affordable system to the final piece that is distinct is that we the plan work in partnership with the provider organizations to help them be successful in this model. because we have the data and the holistic view on their patient population that they don't necessarily have. and many of them, most of them have been functioning under this volume-based set of incentives that really now is 180 degrees different. so working together, best practices sharing, we are making enormous strides and we have in massachusetts a system that is looking very different. you ask where can i go for care that looks like that. you'd be hard-pressed actually in our state now to go somewhere that isn't focused on care that looks and feels patients like onto your care because practice are very concerned about of windows by mr. uses of the emergency department that we heard
the economy also contributed to that the part of what is built into the contract is even as the economy rebounds, the contracts are scheduled to grow at a rate that will not so far outpace the rest of the economy, that it continues to be an affordable system to the final piece that is distinct is that we the plan work in partnership with the provider organizations to help them be successful in this model. because we have the data and the holistic view on their patient population that they don't...
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Feb 6, 2013
02/13
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economy. it's not the right thing for folks who are out there still looking for work. and the good news is this doesn't have to happen. for all the drama and disagreements that we've had over the past few years, democrats and republicans have still been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and higher rates on taxes for the wealthy. a balanced approach has achieved more than $2.5 trillion in deficit reduction. that's more than halfway towards the $4 trillion in deficit reduction that economists and elected officials from both parties believe is required to stabilize our debt. so we've made progress. and i still believe that we can finish the job with a balanced mix of spending cuts and more tax reform. the proposals that i put forward during the fiscal cliff negotiations in discussions with speaker boehner and others are still very much on the table. i just want to repeat, the deals that i put forward, the balanced approach of spend
economy. it's not the right thing for folks who are out there still looking for work. and the good news is this doesn't have to happen. for all the drama and disagreements that we've had over the past few years, democrats and republicans have still been able to come together and cut the deficit by more than $2.5 trillion through a mix of spending cuts and higher rates on taxes for the wealthy. a balanced approach has achieved more than $2.5 trillion in deficit reduction. that's more than...
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Feb 1, 2013
02/13
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CNBC
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economy appears to be growing around 1.5%. the labor markets are lagging indicators, so we shouldn't expect any acceleration in job growth yet. my own forecast is for 150,000. >> if that continues, bearing in mind what we heard from the gdp reported, and then we have that classic defense spending, what's your own thoughts about where we'll be with that sort of job growth and fed policy at the end of the year? >> i don't think that's the kind of job growth the fed is looking for. in fact, they have promised to continue quantitative easing until they see substantial improvement in the labor market. and since the labor market is a lagging indicator, as chairman bernanke has pointed out, we need to first get above trend gdp growth, which in their mind is around 2.5%. so we haven't seen anything in the data yet that suggests that job growth is about to pick up to an area that is satisfying to the fed. so we think they're going to be expanding their balance sheet at roughly the same pace all year, perhaps they'll be able to taper ba
economy appears to be growing around 1.5%. the labor markets are lagging indicators, so we shouldn't expect any acceleration in job growth yet. my own forecast is for 150,000. >> if that continues, bearing in mind what we heard from the gdp reported, and then we have that classic defense spending, what's your own thoughts about where we'll be with that sort of job growth and fed policy at the end of the year? >> i don't think that's the kind of job growth the fed is looking for. in...
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however, they are long-term negatives for much of the economy. david: people got pretty excited about hosting as i got quite frothy and now people are pulling back. >> there are two sectors i really dislike right now. the homebuilders. i think there is a new normal in houston. again, demographic trend in housings are not very good, aging baby boomers are going to be net releases of housing over the next decade. defense stocks will come under pressure. we are not out of the fiscal woods, we are at a new paradigm for the industry. liz: we have new numbers. expedia. adam: came in at $0.63, the street expecting $0.65. revenue however it big beat. street expecting in her 30 million. growing 33%, bucking 19% in the fourth quarter. might be a reason they are reacting positively. liz: what about their revenue increasing 10%, these are double-digit percentage gains. not a surprise you're seeing this stock moving higher in the aftermarket. show us the money, you really like facebook last time you were here. do you still love it? >> i do like facebook and y
however, they are long-term negatives for much of the economy. david: people got pretty excited about hosting as i got quite frothy and now people are pulling back. >> there are two sectors i really dislike right now. the homebuilders. i think there is a new normal in houston. again, demographic trend in housings are not very good, aging baby boomers are going to be net releases of housing over the next decade. defense stocks will come under pressure. we are not out of the fiscal woods,...
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Jan 30, 2013
01/13
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money goes straight to the real economy. because you miss out on the money multiplier, you have to do so much of it. that's why the central bank balance sheets have ballooned. >> the fed will wrap up its two-day policy meeting with a decision due at 2:15 eastern. the fomc will stay the course, renewing its pledge to keep rates at historic lows until unemployment drops and maintaining its bond buying at $85 billion a month. there are new voters on the panel at this meeting. kansas city fed president esser george is viewed as a hawk. and boston will lead in thresholds, seeing the fed go even further. the u.s. economy likely grew at the lowest pace in nearly two years during the fourth quarter. that's according to estimates for the advanced gdp report. that's also due today around 8:30 a.m. eastern. reuters' analysts expect gdp to grow 1.1% annually. that can't be right. down sharply from 3.1% growth in the third quarter. the reason i wonder if the estimates are the latest is that after the stretch of data from the past week, s
money goes straight to the real economy. because you miss out on the money multiplier, you have to do so much of it. that's why the central bank balance sheets have ballooned. >> the fed will wrap up its two-day policy meeting with a decision due at 2:15 eastern. the fomc will stay the course, renewing its pledge to keep rates at historic lows until unemployment drops and maintaining its bond buying at $85 billion a month. there are new voters on the panel at this meeting. kansas city fed...
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Feb 5, 2013
02/13
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it's quite a robust economy, at least compared to spain. so i think ultimately one will drag the other down if there's bad news, but in terms of the underlying correlation, it's quite low. >> they're tied together, head down a steep slow. interesting point. they were looking there at the spanish bond yields. the ten year is perking up, ross. 5.44% is the latest. >> kelly, let's bring everyone up to speed after sharp falls yesterday. europe has a majority of green at the moment. 7 to 3, advancers outpacing decliners. this morning as we track through, up 30 points. the xetra dax down 2.4% yesterday. currently up 14 points. the ibex was down nearly 3.75%. right now the cac 40 up nearly 2%. up today 0.5%. we'll run through these quickly for you. but we have arm holdings came out with better than expected numbers. go straight from that to the debt wall. shall we have a look at debt yields? probably worth taking a very quick look at. ten-year, a 14 basis point rise in spain. 5.44 yesterday. that's pretty much where we finished the session yesterd
it's quite a robust economy, at least compared to spain. so i think ultimately one will drag the other down if there's bad news, but in terms of the underlying correlation, it's quite low. >> they're tied together, head down a steep slow. interesting point. they were looking there at the spanish bond yields. the ten year is perking up, ross. 5.44% is the latest. >> kelly, let's bring everyone up to speed after sharp falls yesterday. europe has a majority of green at the moment. 7 to...
SFGTV2: San Francisco Government Television
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Feb 4, 2013
02/13
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., that would strengthen the innovation economy? >> i could go on about immigration and corporate tax policy reform, but i am a researcher, so i will not. >> and we have seven minutes. >> mayor lee said it perfectly. the fundamental thing that companies are looking for is to be engaged in the process. we use a term in computing called agile. we look for more ability and the possibility to work with us, iterate in the process, rather than what we often see as we call the waterfall, take-it-or- leave-it. flexibility and agility is what is most important. >> mayor lee? >> i have always thought of our city as being the gateway to the rest of the world. i have often talked, with companies, i want to be with you when you turn the corner. we want to be the city that treats international markets for your products. i do not know if you know this but we have 70 counsel general offices in san francisco, the highest number outside of washington, d.c. we want to make sure that our companies know we are not just in it for san francisco, the regio
., that would strengthen the innovation economy? >> i could go on about immigration and corporate tax policy reform, but i am a researcher, so i will not. >> and we have seven minutes. >> mayor lee said it perfectly. the fundamental thing that companies are looking for is to be engaged in the process. we use a term in computing called agile. we look for more ability and the possibility to work with us, iterate in the process, rather than what we often see as we call the...
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Feb 6, 2013
02/13
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economy. research shows that immigrants, most of whom come here through the family system, are twice as likely to start businesses in the u.s. as native people. and small non-tech businesses have grown at 2.5 the national average. i often say that i am glad that google was founded by an immigrant. it's worth noting that none of the founders of these companies came to the united states because of their skills. andy grove, they all came here for our family system or because they were refugees of the children of refugees. what made that special was the traits they shared with immigrants of all kinds. entrepreneurs, and a desire for a better life. it is the secret sauce that makes america great. when alexander hamilton and andrew carnegie, and many others, immigration is good for our country. it's time that we do our part and devise a way that the people have enough get up and go to get up and go and come to our shores and bring their talents and contributions to our society and to our economy to
economy. research shows that immigrants, most of whom come here through the family system, are twice as likely to start businesses in the u.s. as native people. and small non-tech businesses have grown at 2.5 the national average. i often say that i am glad that google was founded by an immigrant. it's worth noting that none of the founders of these companies came to the united states because of their skills. andy grove, they all came here for our family system or because they were refugees of...
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Feb 6, 2013
02/13
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when the economy has healed and things are different. it doesn't have to be all or not immediately to the can be done over time. let's get rid of them immediately without wasting time making the country suffered where it can be resolved right now. islamic we're looking at it from the perspective of rall and i think that i appreciate you coming here and testifying from a different point of view. let's not try ourselves into the definitional reasons of comprehensive or other things to exclude or include and in the end we would say we didn't get it because it didn't fit my definition. i thank the gentleman for his questions and all the members of the committee for the questions to this first panel and the members of the panel you have endured more than three hours of questions and it's been very enlightening discussion so thank you for making the trip to washington. we will excuse you now and turn to the second panel. >> the prime ministers of italy, ireland, denmark and the netherlands discussed the future and moved to solve the current fi
when the economy has healed and things are different. it doesn't have to be all or not immediately to the can be done over time. let's get rid of them immediately without wasting time making the country suffered where it can be resolved right now. islamic we're looking at it from the perspective of rall and i think that i appreciate you coming here and testifying from a different point of view. let's not try ourselves into the definitional reasons of comprehensive or other things to exclude or...
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Jan 31, 2013
01/13
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these are job openings that the economy has. if we went back 20 years, we would not have grown as fast as we have grown. as part of this national reconciliation and being big about this, these undocumented workers have made a tremendous contribution to our economy. people like to talk about fairness. all of a sudden we say, get out. i think we have to do the right thing for the brand equity of the u.s. host: did you want to respond to a tweet about getting the border part done first? guest: until we fix our laws, we will not care rid of undocumented immigration or illegal immigration. the reason we have illegal immigration is because we do not have legal processes to be able to bring people in. it is like our laws do not recognize that immigration is an annual affair. we need immigrants every single year. our work force has to be growing every single year. unless we have that understanding and to make up for that reality through our laws, we are going to have a dysfunctional system. i agree with the caller. border security and b
these are job openings that the economy has. if we went back 20 years, we would not have grown as fast as we have grown. as part of this national reconciliation and being big about this, these undocumented workers have made a tremendous contribution to our economy. people like to talk about fairness. all of a sudden we say, get out. i think we have to do the right thing for the brand equity of the u.s. host: did you want to respond to a tweet about getting the border part done first? guest:...
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Feb 3, 2013
02/13
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it will be about the economy. there was a decrease military spending as we get prepared for this absurd sequestration idea. the state department, we cannot look at military programs that are producing weapons but we can look at people being furloughed. we can look at cutting back on security, has been a challenge we have inherited over the years and which i tried to explain to the congress. can look at the cutbacks in passports the american people deserve us to provide and on and on and on. we are 1/13 of the defense apart and budget. will we do affects americans'. it's not just programs over there. it's what we do it through those programs that make it possible for us to have jobs and travel easily. thank you for asking. this is a government wide challenge. i was giving a speech in hong kong and all these sophisticated investors and officials were lined up to say, "is the united states going to default on its credit?" i said we will never do that. oh, lord, please be -- [laughter] are we going to have mindless se
it will be about the economy. there was a decrease military spending as we get prepared for this absurd sequestration idea. the state department, we cannot look at military programs that are producing weapons but we can look at people being furloughed. we can look at cutting back on security, has been a challenge we have inherited over the years and which i tried to explain to the congress. can look at the cutbacks in passports the american people deserve us to provide and on and on and on. we...
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Jan 30, 2013
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the bush economy was not a good economy. bill clinton raised rates on the rich. we had the best economy we have had since the 1960's. host: choices made internally, the impact. guest: well short, it was a smaller plan. they got cold feet. they turned too conventional. they cannot pass much of anything except the payroll tax cuts. it just went away. host: how long before know what succeeded or failed? guest: people are still arguing about the 1930's. too soon to tell. i think we have a tremendous amount of evidence. we have been running experiments across the world. get austerity politics in britain and spain. we know that they do not worke. we have a good idea that it is hard to make it work at these levels. fears of inflation or grossly exaggerated. host: stock about what paul krugman has done. he is a columnist for "the new york times." he's the author or editor of 20 books. he is a nobel prize winner in economics. its most recent book is "end this depression now!." hi, janet. caller: i was wondering -- the financial crisis -- had we done more stimulus would it
the bush economy was not a good economy. bill clinton raised rates on the rich. we had the best economy we have had since the 1960's. host: choices made internally, the impact. guest: well short, it was a smaller plan. they got cold feet. they turned too conventional. they cannot pass much of anything except the payroll tax cuts. it just went away. host: how long before know what succeeded or failed? guest: people are still arguing about the 1930's. too soon to tell. i think we have a...
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Jan 29, 2013
01/13
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no good news on that portion of the spanish economy. day one of the fomc meeting with the central bank is expected to stick to its current policy. >> india's central bank, meanwhile, has cut rates for the first time in nine months including reserve requirements. >>> and yahoo! finding strength from search, reported better-than-expected earnings in the fourth quarter. >> u.s. investors get a fresh snap of the housing prices today. prices are forecast to rise 5.5% yesterday. the national association of realtors reported pending home sales down in december, but still well above last year's levels. jerry webman is still with us. i was speaking to robert shiller on this program last week and he said he's still cautious about the housing market because six months he says is just not enough to suggest there's been a major change. and if you look at japan, you know six months isn't enough. what do you think? >>. >> demographically, we're not like japan. but one of the things he's been saying for years, and i think very correctly, is that we sho
no good news on that portion of the spanish economy. day one of the fomc meeting with the central bank is expected to stick to its current policy. >> india's central bank, meanwhile, has cut rates for the first time in nine months including reserve requirements. >>> and yahoo! finding strength from search, reported better-than-expected earnings in the fourth quarter. >> u.s. investors get a fresh snap of the housing prices today. prices are forecast to rise 5.5% yesterday....